Kotak Life Insurance is a private Life Insurance company in India having 100% owned subsidiary of Kotak Mahindra Bank Limited. Kotak Life Insurance is one of the fastest growing insurance companies in India, covering over 20 million lives nationwide (as on 31 st March 2018). Kotak Life offers various protection plans, savings and investment plans, child plans and retirement plans.
Market Share of Kotak Life Insurance Company
The following table shows Kotak Life Insurance market share. This is based on the Business premium collected in each of the financial year from 2011-2016.
Mr. G Murlidhar is the Managing Director of Kotak Life Insurance Company.
|Claims ratio||92.04||90.69||90.73||89.09||91.24||93.72||97.40||-||Yet to be published|
|Market share||1.1||1.1||1.4||1.6||1.6||1.8||-||-||Yet to be published|
Kotak Mahindra Bank has got a go ahead from The Competition Commission of India (CCI) to buy out the 26% stake of joint venture partner Old Mutual in Kotak life insurance arm for Rs 1,293 crore. Kotak Mahindra Life In...
Kotak Life Insurance has launched a new pension plan “Kotak Premier Pension Plan” with assured benefits on death and vestin...
Kotak Life Insurance's Premier Life Plan is a limited premium payment, participating whole life plan. The plan provides insurance c...
The Insurance Regulatory and Development Authority (IRDA) has levied a fine of Rupees Twenty two lacs on Kotak Mahindra Old Mutual Life Insurance Company for violation of certain provisions. IRDA conducted an onsite ...